CubeSmart Declares Third Quarter 2022 Dividend

Rhea-AI Summary

CubeSmart declared a quarterly dividend of $0.43 per share for the period ending September 30, 2022. The dividend is payable on October 17, 2022 to shareholders of record on October 3, 2022. As a leading self-storage real estate investment trust with 1,279 properties across the U.S., CubeSmart aims to assist customers with innovative solutions and unmatched service in storage needs.

Positive

• Declared a quarterly dividend of $0.43 per share, indicating a return to shareholders.
• Maintains a strong position as one of the top three self-storage owners and operators in the U.S.

Negative

• None.

MALVERN, Pa., July 26, 2022 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) announced today that its Board of Trustees declared a quarterly dividend of $0.43 per common share for the period ending September 30, 2022. The dividend is payable on October 17, 2022 to common shareholders of record on October 3, 2022.  

About the Company

CubeSmart is a self-administered and self-managed real estate investment trust. CubeSmart owns or manages 1,279 self-storage properties across the United States. According to the 2022 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S.

The Company’s mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers.

For more information about business and personal storage or to learn more about the Company and find a nearby storage facility, visit www.cubesmart.com or call CubeSmart toll free at 800-800-1717.

Company Contact:
CubeSmart
Josh Schutzer
Vice President, Finance
610-535-5700

FAQ

What is the dividend amount for CubeSmart in July 2022?

The dividend amount declared by CubeSmart is $0.43 per common share.

When is the dividend payout date for CubeSmart's July 2022 dividend?

The dividend is payable on October 17, 2022.

Who is eligible for CubeSmart's dividend declared in July 2022?

Shareholders of record as of October 3, 2022, are eligible for the dividend.

How many properties does CubeSmart operate?

CubeSmart operates 1,279 self-storage properties across the United States.

What services does CubeSmart provide to its customers?

CubeSmart provides affordable and easily accessible self-storage solutions, including climate-controlled options.